Ethan Anderson
Valuing Billboard Easement
26 November 2024 | 12 replies
Love to use comparisons to value the market.
Henry Clark
Self storage- Syndication Stress Tests
24 November 2024 | 1 reply
What are comparisons against comparable competition?
Bruce Schussler
To cash-out refinance -or- keep positive cash-flow on a rental
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)
Csingh Singh
Investing in California vs. other landlord-friendly states: What should I do?
27 November 2024 | 13 replies
You have actual rights in comparison to CA and the process is much easier.
Liam Alvarez
Best Apps for Analyzing Real Estate Markets: Share Your Experience!
3 December 2024 | 19 replies
Happy to put together some sample reports and market comparisons.
Orane Jacobs
Midterm Rental arbitrage
27 November 2024 | 16 replies
I will assume you mean in comparison to finding a skilled and ethical STR operator, of which I also assume you are one.
Elliot B.
Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
A bit pricey up front, but we are long term buy and hold investors, so the savings on paying for tenant heat makes sense.In the 6-unit our initial thought was to install electric heat in the units, but that can be a hard sell in Maine even though I am not convinced that electric heat is necessarily more expensive than other options (we even did a comparison last winter in our 2-unit where one is on a propane boiler w/ HWBB and the other electric, and it was about the same cost per month).
Rene Brodowsky
Are there HELOC lenders that understand the Detroit market?
20 November 2024 | 4 replies
If this is a 1-4 unit residential loan, most appraisers and lenders are going to use the sales comparison approach.
Paula Impala
Norada Capital Management suspending payments
31 December 2024 | 418 replies
People, I am an ant in comparison to that elephant and even I have that kind of structure where I'd sit back and giggle as someone tried to burn through one of my s-corps attempting to connect another, not-gonna-happen.
Michael McLoughlin
PPR Note Fund
5 December 2024 | 87 replies
There has been no comparison of risk here between a fund of 2nd position mortgages versus a fund of 1st position mortgages because one cannot be done without more information - the info only within PPR.